The Institute for Supply Management Purchasing Managers Index (PMI) for the manufacturing sector dropped to 48.6 in November from an October reading of 50.1. The reading, below 50% indicates contraction. This month’s reading was the lowest since the end of the Great Recession in June 2009. The employment index was at 51.3%, up from 47.6%…
Manufacturing matters. US Top 10 manufactured goods exports are a veritable Who’s Who of precision machining markets served. List of Top 10 manufactured goods exports are presented with data on values and growth rates.
Four of the top five manufacturing sectors by added employment were key markets served by precision machining. If you are looking for well paying interesting career, consider precision machining.
The latest ISM survey of Manufacturing shows seven consecutive months of manufacturing recovery.